810 E 25th Street, Panama City, FL 32405

New Listing
$1,500,000
Property Type: Commercial for Sale Square Footage: 9,120 Lot Size (sq. ft.): 48,352 Status: Active
Current Price: $1,500,000 List Date: 6/23/2026 Last Modified: 6/23/2026

Overview

Description

Turnkey Multi-Family Investment Opportunity – 8 Units in the Heart of Panama City Exceptional opportunity to own four duplexes consisting of eight total units, each featuring 2 bedrooms and 2 bathrooms, ideally located in central Panama City with convenient access to shopping, dining, schools, medical facilities, and major roadways. Following Hurricane Michael, these properties were taken down to the concrete block walls and studs and completely rebuilt, offering the benefits of modern construction and major system upgrades throughout. Improvements include: New roofs New PVC plumbing from fixtures through the slab and out to the exterior PEX water lines throughout Spray foam insulation on the roof deck for enhanced energy efficiency New HVAC systems and ductwork New appliances All new sheetrock New plumbing fixtures New lighting fixtures New electrical service and wiring New flooring throughout Indoor laundry rooms in every unit Strong Incom

Listing Details MLS# 791716

Contract Info

List Price/SqFt
164.47
Sub-Type
Multi-Family

Location

Area
02 – Bay County – Central
Street #
810
Street Direction
E
Street Name
25th
Street Suffix
Street
State
FL
Zip Code
32405
County
Bay
Sub Area
0201 – Bay – Central NE
Subdivision
[No Recorded Subdiv]
Community/Resort
None
Waterfront
No
Parcel ID
12942-010-000
Elementary School
Hiland Park
Middle School
Mowat
High School
Bay
Directions
North on Hwy 77, right onto 25th street, properties on right
Legal Description
28 3S 14W -77.10- 104B ST A B DEV CO PLAT BEG 168.5' N & 132' W OF SE COR LOT 99 TH W 160' N 13' W 28' S 13' W 157' N 140.9' E 345' TO POB ORB 4382 P 448

General Property Info

List Class
Apartment
Construction Status
Construction Complete
# of Units
8
SqFt Unit
1140
Site Dimensions
345.0 ft x 140.0 ft
Acreage
1.11
Lot Depth
140
Lot SqFt
48264
SqFt Tot Bldg
9120
Year Built
1970

Income Producing

Building SqFt
9120
Annual Gross Income
143700

Listing Info, Tax and Legal

HOA Fee
No

More Information

Remarks & Misc

Remarks
Turnkey Multi-Family Investment Opportunity – 8 Units in the Heart of Panama City Exceptional opportunity to own four duplexes consisting of eight total units, each featuring 2 bedrooms and 2 bathrooms, ideally located in central Panama City with convenient access to shopping, dining, schools, medical facilities, and major roadways. Following Hurricane Michael, these properties were taken down to the concrete block walls and studs and completely rebuilt, offering the benefits of modern construction and major system upgrades throughout. Improvements include: New roofs New PVC plumbing from fixtures through the slab and out to the exterior PEX water lines throughout Spray foam insulation on the roof deck for enhanced energy efficiency New HVAC systems and ductwork New appliances All new sheetrock New plumbing fixtures New lighting fixtures New electrical service and wiring New flooring throughout Indoor laundry rooms in every unit Strong Income-Producing Asset Monthly Gross Income: $12,000 Annual Gross: $143,700 All eight units are currently leased, making this a true turnkey investment with immediate cash flow and minimal deferred maintenance. Opportunities to acquire a fully renovated, stabilized multi-family portfolio in this location are rare. Whether you're expanding your rental portfolio or seeking a high-demand income property, this offering checks all the boxes

Utilities

All Utilities
Yes
Public Sewer – Connected
Yes
Water Connected
Yes

Sale Type

As Is
Yes

Floors in Unit/Home

One
Yes

Property Features

Sale Type: As Is Utilities: All Utilities; Public Sewer – Connected; Water Connected
Listing Office: Chesnut Realty, Inc
Last Updated: June – 23 – 2026
Information deemed reliable but not guaranteed.